global electronic sphygmomanometer market

New report published by QY Research which offers insights on the global Electronic Sphygmomanometer market. The Electronic Sphygmomanometer market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Electronic Sphygmomanometer is expected to reflect a 0.6x increase in the revenue growth. In 2018 the global Electronic Sphygmomanometer market was valued at US$ 1,960 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 2,965 Mn growing at a value CAGR of 6.1% throughout the period of forecast.

Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the giant companies prefer educating the market of them.

This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic growth, more and more people pay attention to rising living standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Electronic Sphygmomanometers will increase.

Global Electronic Sphygmomanometer Market: Forecast by Application

Application segment consists of Hospital, Clinic, Home and others. Home use was estimated to account for a volume share of over 79.1% within application segment in 2017.

Global Electronic Sphygmomanometer Market: Forecast by Form

This segment includes Upper Arm Type and Wrist Arm Type. In terms of volume, Upper Arm Type is expected to remain dominant in the global Electronic Sphygmomanometer market. Upper Arm Type segment in the global Electronic Sphygmomanometer market is expected be 89.95%.

Global Electronic Sphygmomanometer Market: Forecast by Region

North America, China, Europe, Japan, India, Southeast Asia are the six regions that are included in this report. Europe is the dominant market in the global Electronic Sphygmomanometer market in terms of value. The Europe Electronic Sphygmomanometer market was estimated to be valued at US$ 416 Mn in 2016.